Russia plans to manufacture unauthorized and unapproved spare parts for Airbus and Boeing aircraft, as their supply lines have been cut by economic sanctions. This could further deteriorate the value of leased western aircraft operating in Russia, as the use of...
The sanctions on Russia not only affect Russian airlines, but also MRO companies in Europe and across the world. For example, Lufthansa Technik risks losing €240 to 250 million in annual revenues if the Russian market disappears, it said on March 9 during its 2021...
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